| XLU latest price $76.0400 (-2.66%) ($75.6700 - $77.6500) on Tue. Sep. 13, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 50 |
Latest Price | $76.0400(-2.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLU advances 0.3% a day on average for past five trading days. |
Weekly Trend | XLU advances 0.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XLU advance at 0% a week (0% probability) XLRE(72%) VYM(70%) XLP(69%) XLI(62%) XLV(62%) |
Factors Impacting XLU price | XLU will decline at least -0.625% in a week (0% probabilities). VIXM(-31%) TBT(-26%) UUP(-25%) VXX(-13%) USO(11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.625% (StdDev 1.25%) |
Hourly BBV | -3 () |
Intraday Trend | -1.8% |
| |
|
|